XRP lost nearly 19% in October, mainly following the $6.3 billion hack of the Binance exchange, which weighed on the broader market. The token is now trading in a narrow range around $1.25 and testing a support level that the liquidation map identifies as a local bottom. According to CoinGlass, $37.6 million in long positions were liquidated during October, while a new liquidation threshold at $1.2292 could be tested within 24 hours with an estimated probability of 54%. XRP is also sitting on its 200-week moving average of $1.25–$1.28, while its daily oscillator has fallen to 36.85, a level historically associated with upward reversals. Holding above $1.2292 and recovering $1.3145 would confirm an official bottom, whereas a break below $1.20 would open the way to the August lows near $0.98–$1.00.
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